Browsing: insurance

California insurance regulator approves State Farm’s request for 17% premium increase for homeowners to help rebuild capital after Los Angeles wildfires

Insurers are seeking to charge California homeowners for some of the costs associated with recent wildfires, following a state Insurance Commissioner’s decision to allow surcharges

The construction industry faces a growing threat from climate change as extreme weather events outpace building codes, warns Yvonne Castillo, risk management expert at Victor Insurance.

Florida insurance regulators have fined Centauri Specialty Insurance Company $100,000 for mishandling claims following Hurricane Ian in 2022.

Consumer advocacy group urges Insurance Commissioner to reject proposed 17% rate increase for homeowners

DUAL’s Climate Risk & Resilience team launches two insurance products to support real estate owners and investors in managing environmental risks and securing financing during the transition to a low-carbon economy

Major non-life insurers plan to form a management consultative body to acquire MG Insurance contracts amid potential business suspension

Insured losses from February floods in North Queensland and ex-Tropical Cyclone Alfred in March have neared AUD1.5bn ($990m) according to new data from the Insurance Council of Australia (ICA).

UK managing general agent Commercial Express strengthens commercial and residential property offerings through new long-term partnerships

The program insurance market is experiencing rapid expansion but faces increasing uncertainty due to falling rates, rising litigation pressure, and unpredictable risks.